2016 Most attractive real estate markets in the United States and Canada
Urban Land Institute
In 2016, Dallas/Fort Worth, Austin, Charlotte and Seattle are the most attractive real estate markets in the United States. Vancouver, Toronto and Montreal are tops in Canada, according to a report from PwC and the Urban Land Institute. Booming populations, growing economy and strong construction sectors are behind the high rankings in the groups’ annual Emerging Trends report.
For real estate, 2016 will see investors, developers, lenders, users, and service firms relying upon intense and sophisticated coordination of both their offensive and defensive game plans. In an ever more competitive environment, with well-capitalized players crowding the field, disciplined attention to strategy and to execution is critical to success.
Emerging Trends in Real Estate® is a trends and forecast publication now in its 37th edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry. Emerging Trends in Real Estate® 2016, undertaken jointly by PwC and the Urban Land Institute, provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues throughout the United States and Canada.
Emerging Trends in Real Estate® 2016 reflects the views of individuals who completed surveys or were interviewed as a part of the research process for this report. The views expressed herein, including all comments appearing in quotes, are obtained exclusively from these surveys and interviews and do not express the opinions of either PwC or ULI. Interviewees and survey participants represent a wide range of industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. ULI and PwC researchers personally interviewed 404 individuals and survey responses were received from 1,465 individuals, whose company affiliations are broken down below.
Private property owner or developer 34.3%
Real estate services firm 26.5%
Institutional/equity investor or investment manager 11.5%
Bank, lender, or securitized lender 7.4%
Real estate brokerage 6.5%
Homebuilder or residential land developer 5.5%
Equity REIT or publicly listed real estate property company 3.1%
Other entity 2.6%
Private REIT or nontraded real estate property company 2.1%
Mortgage REIT or real estate debt investor 0.4%